Bitcoin Cash BCH/USD is trading at 998. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin Cash. Ichimoku Kinko Hyo Cloud is expected to test near the level of 975, from which it is expected to attempt a rebound and continue falling with a target below the 850 level.
Bitcoin Cash forecast & analysis on March 26, 2018
An additional signal in favor of the fall of the cryptocurrency will be the test of the upper boundary of the bearish channel. Earlier, a weak signal was received for sell of the Bitcoin Cash cryptocurrency, due to the crossing of signal lines at the level of 980.
The cancellation of the variant of the BCH/USD quotations decline will be the breakdown of the upper boundary of the Indicator Cloud and the closing above the level of 1050, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations BCH/USD is with the breakdown of the support area and closing below the level of 950.
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